Thor Mining (LON:THR) Shares Pass Above Fifty Day Moving Average of $0.51

Thor Mining PLC (LON:THRGet Rating)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.51 ($0.01) and traded as high as GBX 0.62 ($0.01). Thor Mining shares last traded at GBX 0.61 ($0.01), with a volume of 498,428 shares traded.

Thor Mining Price Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 7.47 and a quick ratio of 7.47. The company has a market capitalization of ¬£12.25 million and a PE ratio of -6.08. The stock’s 50 day simple moving average is GBX 0.51 and its 200-day simple moving average is GBX 0.63.

Thor Mining Company Profile

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Thor Mining PLC engages in the exploration and development of mineral properties in Australia and the United States. It explores for tungsten, molybdenum, copper, uranium, vanadium, gold, and nickel deposits. The company holds 100% interests in the Molyhil tungsten-molybdenum project located in the Northern Territory of Australia; the Pilot Mountain tungsten project situated in Nevada; and the Ragged Range project located in the Pilbara region of Western Australia.

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